Chad Smith Ride For Life
- Assets
- $9.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albertville, MN
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-2130633
Organization Overview
Chad Smith Ride For Life is located in Albertville, MN. The organization was established in 2014. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chad Smith Ride For Life is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Chad Smith Ride For Life generated $130.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $130.6k during the year ending 12/2022. While expenses have increased by 9.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MOTORCYCLE RUN, ONE EVENT, FOR A FINANCIAL BENEFIT TO A FAMILY INFLICTED WITH THE STRUGGLES OF CANCER. IT'S AN ALL-DAY EVENT INCLUDING, SILENT AUCTION, LIVE AUCTION, SALE OF CLOTHING AND RAFFLE TO RAISE MONEY FOR THE FAMILY CHOSEN PRIOR TO THE EVENT. NET PROCEEDS OF THE EVENT GO DIRECTLY TO THE FAMILY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Berning Vice Preside | 0 | $0 | |
Dennis Berning President | 0 | $0 | |
Wendy Jorgensen Secretary | 0 | $0 | |
Susan Berning Treasurer | 0 | $0 | |
John Jorgensen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,076 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,108 |
| Other Revenue | $0 |
| Total Revenue | $130,184 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $555 |
| Occupancy, rent, utilities, and maintenance | $1,795 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,724 |
| Total expenses | $130,624 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,923 |
| Other assets | $0 |
| Total assets | $9,923 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,923 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chad Smith Ride For Life has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Bame Foundation Golden Valley, MN PURPOSE: CHARITABLE GIFT | $250 |
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Sunshine Place Inc Sun Prairie, WI | $2,711,848 | $1,376,571 |
Sheltering Arms Foundation Minneapolis, MN | $14,379,135 | $578,208 |
Big T Foundation Lakeville, MN | $11,785 | $483,542 |
Sioux Falls Hope Coalition Sioux Falls, SD | $1,074,906 | $918,262 |
Foundation For Essential Needs Minneapolis, MN | $452,815 | $582,063 |